Top Bull Pitch

Submitted October 30, 2018

New to NYSE with a TSLA like model citing 60,000 units presale. Forecast however is for 5K cars in 2019 so how long to fill a back order?Other concern is they only raised about $10M on their IPO. Their burn is about $10M a year before they claimed… More

"Someone get these guys one white chip." This is not 1949, and all cars aren't made in Detroit, but even in 1949 this company would be undercapitalized. I can't see them making autos profitably without way more dough.